Baker Mfg Inc. wishes to compare its inventory turnover to those of industry leaders, who have turnover of about 13 times per year and 8% of their assets invested in inventory.

Baker Mfg. Inc. Net Revenue $27,500 Cost of sales $19,030 Inventory $1,230 Total assets $16,710

a) What is Baker's inventory turnover?

_______times per year (round your response to two decimal places).

b) What is Baker's percent of assets committed to inventory?______ % enter your response as a percentage rounded to two decimal places

c) How does Baker's performance compare to the industry leaders? Enter your answer in each of the answer boxes. options : Line with Industry/ Worse/ Better